Los Angeles Business Journal

Caruso Targets a Shabby Palisades Neighborhood

Tuesday, March 11, 2014

Rick Caruso, the prominent developer known for such showy shopping centers as The Grove and the Commons at Calabasas, is poised to take over much of the nearly moribund commercial center in Pacific Palisades, but may face an uphill battle with some no-growth residents, the Los Angeles Times reports.